Hub You
#1 in Business Subscribe Email Print

You are here: Home > Business > Branding > Create a Market Position for Your Medical Practice

Tags

  • period
  • those
  • objectively understand
  • practice cares
  • visioning process

  • Links

  • Culture And Religions Of Native Americans
  • Maybe She's Born with It - Learning the Skills to Becoming Organized Even if You're Not
  • The Perils of Wireless Networking
  • Hub You - Create a Market Position for Your Medical Practice

    How Can A Lead Capture Page Increase Your Advertising Response Rates?
    You probably already know that if you're planning on making it to the big time with any network marketing business opportunity that you are going to have to advertise at some point.It's inevitable you'll need a constant flow of steady, targeted leads for your program and you'll have to advertise to generate them. There really isn't anyway around it so you'll have to get used to the fact that it's going to take a little money to get that ball rolling.However... Advertising your business opportunity doesn't have to brea
    es and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you

    Industrial Fasteners Hold It All Together
    Ever stop to consider what keeps everything from airplane walls to computer cases held together correctly? Without a reliable industrial fastener few things would function as they should. From nuts and bolts to screws and rivets, these fasteners are the unsung heroes of the technological, mechanical and even the home and commercial construction worlds.Industrial fasteners are considered so important for keeping it all together, in fact, the industry itself is taken pretty seriously. It even has its own professional organizati
    Carve out a market position to maximize your marketing investment

    In the marketing world, positioning is a relatively new concept. Introduced in 1982 by marketing gurus, Al Ries and Jack Trout, the idea behind positioning is to clearly define what your practice represents to the patient. Through this unique position, a level of mindshare is devoted to your practice. These positioning efforts should clearly communicate what your practice offers.

    Prior to the 1980's, Madison Avenue advertising executives allocated as much money as they could to mass marketing and it worked pretty well. At that time, media venues included newspaper, billboards, radio and three major TV channels. Whoever purchased the most ad space won the battle for the consumer's dollar. Today cable television and the Internet have fragmented the market and our attention into niches, irrevocably changing the face of marketing. Marketers now had to be smarter; shouting louder than everyone else was no longer effective. Positioning was born to define a product and service to a marketplace whose attention is increasingly more divided.

    A good exercise to discern your practice's position is to draw a series of four concentric circles. On the outer circle allow room for eight to ten descriptive words which describe your practice's unique qualities. If you are an OB/GYN practice, the words may include 4D Ultrasound, experienced physicians, multiple locations, friendly staff, limited wait time and valet service. Within that circle, allow yourself six of those words that you deem most important to your patient base. Once this task is complete, move to the next circle allowing the three most important of the last six words. The last circle is designated for the most relevant descriptor of the final three words that you feel is of utmost importance. This one word or "core message" will help to reveal what your position or brand promise involves.

    Unfortunately, it is not enough to build your core communications message around what you and your staff thinks. A patient survey will reveal what your patients perceive are the best assets of your practice and may reveal areas to be improved upon. Surveys also create a great deal of good will with patients because they are appreciative of the fact that your practice cares enough to gauge their happiness.

    Once you have the results in from at least 200 surveys and your own core message evaluation in hand, a "visioning" process can take place. Mission and vision statements are important elements to a successful marketing plan. Too often, I hear that a mission statement was generated because, "everyone else had one!" A mission statement reveals what your practice's promise to its patients, referring physicians, employees and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you

    Merchant Account Rates Explained:Do You Know How Much Each Credit Card Transaction Really Costs You?
    The Two Components of a Credit/Debit Card Transaction Each time you process a credit or debit card transaction, you are charged an inquiry fee and a percentage of the total transaction. The inquiry fee is a flat amount, typically between 20 cents and 35 cents. The percentage charged, is typically called your "credit card rate" and it is variable based on the type of transaction and the type of card used.Credit Card Rate Categories Credit Card Rates are typically broken into two ca
    Whoever purchased the most ad space won the battle for the consumer's dollar. Today cable television and the Internet have fragmented the market and our attention into niches, irrevocably changing the face of marketing. Marketers now had to be smarter; shouting louder than everyone else was no longer effective. Positioning was born to define a product and service to a marketplace whose attention is increasingly more divided.

    A good exercise to discern your practice's position is to draw a series of four concentric circles. On the outer circle allow room for eight to ten descriptive words which describe your practice's unique qualities. If you are an OB/GYN practice, the words may include 4D Ultrasound, experienced physicians, multiple locations, friendly staff, limited wait time and valet service. Within that circle, allow yourself six of those words that you deem most important to your patient base. Once this task is complete, move to the next circle allowing the three most important of the last six words. The last circle is designated for the most relevant descriptor of the final three words that you feel is of utmost importance. This one word or "core message" will help to reveal what your position or brand promise involves.

    Unfortunately, it is not enough to build your core communications message around what you and your staff thinks. A patient survey will reveal what your patients perceive are the best assets of your practice and may reveal areas to be improved upon. Surveys also create a great deal of good will with patients because they are appreciative of the fact that your practice cares enough to gauge their happiness.

    Once you have the results in from at least 200 surveys and your own core message evaluation in hand, a "visioning" process can take place. Mission and vision statements are important elements to a successful marketing plan. Too often, I hear that a mission statement was generated because, "everyone else had one!" A mission statement reveals what your practice's promise to its patients, referring physicians, employees and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you

    Build Company Value By Buidling a Brand
    Just what is a name worth to a new company? It is really all that important? And why not use the employee suggestion box and simply give the winner a free lunch or a day off? (Hey… sometimes it works!)In fact, a lot of time and research has gone into defining the exact monetary value a good brand name delivers to the bottom line. And while some academicians claim they have actually derived that number (a 7% or greater pricing premium and over 35% greater market capitalization), the benefits actually go way beyond the balance
    lude 4D Ultrasound, experienced physicians, multiple locations, friendly staff, limited wait time and valet service. Within that circle, allow yourself six of those words that you deem most important to your patient base. Once this task is complete, move to the next circle allowing the three most important of the last six words. The last circle is designated for the most relevant descriptor of the final three words that you feel is of utmost importance. This one word or "core message" will help to reveal what your position or brand promise involves.

    Unfortunately, it is not enough to build your core communications message around what you and your staff thinks. A patient survey will reveal what your patients perceive are the best assets of your practice and may reveal areas to be improved upon. Surveys also create a great deal of good will with patients because they are appreciative of the fact that your practice cares enough to gauge their happiness.

    Once you have the results in from at least 200 surveys and your own core message evaluation in hand, a "visioning" process can take place. Mission and vision statements are important elements to a successful marketing plan. Too often, I hear that a mission statement was generated because, "everyone else had one!" A mission statement reveals what your practice's promise to its patients, referring physicians, employees and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you

    Why Faceless Technology Requires More Contact
    What does your best customer look like? Are they blond, dark haired, tall or short with a light or dark complexion? I ask this question because we often don't know what our customers look like. Some might argue that it doesn't matter. I would agree that in many cases, it doesn't matter.I was in a hotel lobby a few months back and a person shouted my name. I turned around and didn't recognize who the person was. They knew me and my brain churning didn't come up with a name to match the face. As it turned out, I had met this pe
    reveal what your patients perceive are the best assets of your practice and may reveal areas to be improved upon. Surveys also create a great deal of good will with patients because they are appreciative of the fact that your practice cares enough to gauge their happiness.

    Once you have the results in from at least 200 surveys and your own core message evaluation in hand, a "visioning" process can take place. Mission and vision statements are important elements to a successful marketing plan. Too often, I hear that a mission statement was generated because, "everyone else had one!" A mission statement reveals what your practice's promise to its patients, referring physicians, employees and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you

    Digital Signage Concepts and Terms
    Over the past two years, digital signage has really taken off as a new way to reach consumers when they are out of their homes. We are seeing the digital signs pop up in retail, government, health care, and education. While the larger institutions can outsource the task implementing a digital signage solution, some smaller firms may not have the bandwidth financially to hop on the dynamic signage bandwagon.If you belong to one of these institutions, you will need to prepare yourself to possibly do some of the work yourself.
    es and vendors is in a one-year period. It is common to reevaluate and modify the mission statement as your practice grows. A vision statement is exactly what it sounds like; a five-year vision of what your practice will become. The vision helps all your employees to "keep their eyes on the prize", enabling the practice to reach its fullest potential.

    It is difficult for most practices to objectively understand how to position their business. The flurry of activity in a practice on a day to day basis limits time for true introspection like I've described within this article. Marketing is really about differentiating one product or service from another. In the medical marketplace you may have a competitor who offers almost identical services to yours. Development of a market position gives your practice a critical competitive advantage to help existing and potential patients to understand the difference in the two practices.

    Once you've determined your practice's core message, a positioning or tag line may be developed. This positioning statement is a succinct message that captures your practices core message. A positioning statement should be memorable and relevant to the core message. This six or seven word statement should appear on everything that a patient sees, from business cards to website to exterior signage.

    A defined position is the beginning of a strong brand. It will help grease the communication wheels for maximization of your marketing impact, with less investment.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.iadvice.info/article/7804/iadvice-Create-a-Market-Position-for-Your-Medical-Practice.html">Create a Market Position for Your Medical Practice</a>

    BB link (for phorums):
    [url=http://www.iadvice.info/article/7804/iadvice-Create-a-Market-Position-for-Your-Medical-Practice.html]Create a Market Position for Your Medical Practice[/url]

    Related Articles:

    Are Your Supply Chain Management Employees Thinking Domestic or Global?

    Consider a Fundraiser

    The Advantages of Hook Loop Fasteners

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com